Navigation Links
Pinnacle Biologics, Inc. Announces the Successful Completion of a Financing Round
Date:1/9/2012

BANNOCKBURN, Ill., Jan. 9, 2012  /PRNewswire/ -- Led by NUMODA CAPITAL INNOVATIONS, LLC., PINNACLE BIOLOGICS announced today the succesful completion of a financing round, in a combination of Equity, and Debt Conversion.

"Today's announcement represents another major milestone for Pinnacle Biologics. After completing the acquisition of the Global Photo Dynamic Therapy ("PDT") Business from Aptalis Pharma early last year, Pinnacle continues the process of solidifying its presence in the US Oncology Field, for particularly aggressive forms of cancer, expanding its presence in Europe and emerging markets, and completing the clinical work toward supporting regulatory and clinical development of new indications for PDT globally," said Guillermo Herrera, Executive Chairman and CEO of Pinnacle. In addition, the company remains focused on targeting the acquisition of other specialty pharmaceutical revenue generating products to further accelerate growth and supplement the existing business.

"Pinnacle exemplifies a new model of bio-pharmaceutical companies, with proven management, demonstrated ability to execute, and products with clear upside potential due to expansion of use in existing indications, potential for expansion into new and exciting indications in unmet clinical areas, and global expansion beyond the US and Western European markets," said Patrick Keenan, Chief Counsel and Strategist of Numoda Capital Innovations.

"The proceeds from this financing round coupled with the positive cash flows already generated by the company will be used to support Phase 3 Clinical Trials in cholangiocarcinoma, laryngeal tracheal cancer, and mesothelioma, plus the enhancement of commercial activities to optimize revenue in the current businesses of the company," said Gary Parks CFO of Pinnacle.

ABOUT PINNACLE BIOLOGICS:

Pinnacle Biologics specializes in revitalizing healthcare therapies to fulfill their true potential
'/>"/>

SOURCE Pinnacle Biologics, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Syndication Inc. Seeks DIRECTOR OF TECHNICAL ENGINEERING for PINNACLE ENERGY - Its New Alternative Energy Subsidiary
2. Champions Biotechnology and PinnacleCare Enter Into Personalized Oncology Collaboration Agreement
3. LaVoie Group Adds Bio-Surgery Company, Pegasus Biologics, to Its Life Sciences Agency Roster
4. ImaginAb, Inc. and BZL Biologics, LLC Conclude Licensing Agreement for Imaging Rights to huJ591/Prostate-Specific Membrane Antigen (PSMA)
5. Reportlinker Adds Biotechnology Industry 2010 Yearbook - Top Biologics, Biosimilars, Licensing and Financing, Mergers and Acquisitions
6. Oncobiologics, Inc. to Unveil New Biologics Proof-of-Concept Engine at BIO International Convention
7. Dr. Lester Mandelker to Collaborate with Nuovo Biologics, LLC
8. Avaxia Biologics, Inc. Raises $2.2 Million in First Closing of Series A Financing to Advance Oral Antibodies for Inflammatory Bowel Disease
9. China-Biotics, Inc. Announces Conference Call to Discuss First Quarter 2009 Financial Results
10. Odyssey Thera Announces Milestone Achievement in Pfizer Alliance
11. InNexus Biotechnology Announces Launch of Large Scale Primate Study of DXL625
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/25/2014)... 2014 ... announced the addition of the  "The Global ... 2-D Nanomaterials "  report to their offering.  ... and graphene are the strongest, lightest and ... a performance-per-weight greater than any other material. ...
(Date:10/22/2014)... 21, 2014 The North American crystal ... North America with analysis and forecast of revenue. This ... is expected to reach $623.6 million by 2018, at ... Browse through the TOC of the North American crystal ... in-depth analysis provided. This also provides a glimpse of ...
(Date:10/22/2014)... Grace Century, a private equity consultancy ... the addition of Dr. Yousef “Josh” Siddiqui , ... Dr. Siddiqui will provide further healthcare expertise to its ... University College Medical School in the late ... 2001. With further certification as a General Practitioner (GP), ...
(Date:10/22/2014)... , Oct. 22, 2014 Nuvilex, Inc. ... approximately 400 million people worldwide are living with diabetes, ... people by 2030.  The global market for diabetes treatments ... approximately 330,000 people worldwide died from pancreatic cancer.  Pancreatic ... due to cancer in the United States ...
Breaking Biology Technology:The Global Market for Carbon Nanotubes, Graphene and Other 2-D Nanomaterials 2The Global Market for Carbon Nanotubes, Graphene and Other 2-D Nanomaterials 3The Global Market for Carbon Nanotubes, Graphene and Other 2-D Nanomaterials 4The North American crystal oscillator market is expected to reach $623.6 million by 2018 - New Report by MicroMarket Monitor 2The North American crystal oscillator market is expected to reach $623.6 million by 2018 - New Report by MicroMarket Monitor 3The North American crystal oscillator market is expected to reach $623.6 million by 2018 - New Report by MicroMarket Monitor 4Dr. Yousef Siddiqui joins the Grace Century Advisory Team 2Nuvilex Brief Analyst Report: Thinking Outside the Box by BrokerBank Securities, Inc. 2
... Cleanup and rebuilding teams responding to the devastation across ... help from space. A series of crisis map products ... provided to aid damage assessment efforts following the activation ... , More than 60 people were killed and thousands ...
... Professor of Chemical Engineering at Vanderbilt, will receive ... Nanoscale Science and Engineering Forum Award at the ... outstanding contributions to the advancement of nanoscale science ... through scholarship, education or service. , Cummings is ...
... ADVENTRX Pharmaceuticals,Inc. (Amex: ANX ), a ... product candidates for the treatment,of cancer and infectious ... executive officer, is scheduled to present at the ... p.m. Pacific Time (4:45,p.m. Eastern Time). The conference ...
Cached Biology Technology:Greeks get space-based help in wake of deadly fires 2Peter Cummings to receive the 2007 AIChE Nanoscale Science and Engineering Forum Award 2ADVENTRX Pharmaceuticals to Present at the 2007 BIOInvestor Forum 2
(Date:10/19/2014)... access in India over the last 30 years ... emissions growth during that time, according to a ... Climate Change ., "Energy access is fundamental to ... life, including education, communication, and health," says IIASA ... While increased energy access is widely agreed to ...
(Date:10/17/2014)... – Accurate knowledge regarding Ebola is critical and pertinent ... of hazardous global outbreak and epidemic. The Journal, ... a special issue, Ebola Virus and Public Health, to ... knowledge in this critical societal moment. , On ... Ebola for Clinicians . The primer was prepared by ...
(Date:10/16/2014)... the human body. Battles are won, lost or ... this stalemate—known as tumor dormancy—can last up to ... that is poorly understood. , A new ... Torquato, a Professor of Chemistry at Princeton University, ... and the switch to a malignant state. Published ...
Breaking Biology News(10 mins):Improved electricity access has little impact on climate change 2Modeling tumor dormancy 2
... people seem to eat anything they want and never gain ... looking at fattening foods? You may be seeing things ... 2010 issue of Genetics ( http://www.genetics.org ), this ... found that genes interacting with diet, rather than diet alone, ...
... found that an enzyme in the bacteria that causes ... bacteria with energy. Because the enzyme is not found ... insights into how drugs might be created to kill ... a Rensselaer associate professor of biology, led a team ...
... July 28, 2010 A yearlong beach study led ... that swimmers at sub-tropical beaches face an increased risk ... illness that beachgoers face when exposed to recreational marine ... pollution or contamination. B.E.A.C.H.E.S. (Beach Environmental ...
Cached Biology News:Why fad diets work well for some, but not others 2Rensselaer professor uncovers mysterious workings of cholera bacteria 2Rensselaer professor uncovers mysterious workings of cholera bacteria 3Study suggests swimmers at sub-tropical beaches show increased risk of illness 2
... Grace's Insect Medium is formuatled ... lines including Sf9 and Sf21 cells. ... for transfectioin because it does not ... can interfere with transfection. Grace's Insect ...
D.R. Harper and C. Grose (1994) • Includes: virus structure & replication, fundamental virology, immunology and pathogenesis, vaccines and antiviral drugs, novel diagnostic techniques, cloning a...
...
...
Biology Products: